TMK Energy

Financials:

Primary ticker: ASX:TMK
Stage of development: Exploration
Primary minerals: Natural Gas
Project to promote: South Gobi Gurvantes Natural Gas Project – Mongolia
Project location: Mongolia, Australia
Website: tmkenergy.com.au
Corporate presentation: Click here
Coroprate video: Click here

TMK Energy Limited (ASX:TMK) is an Australian oil and gas explorer and holds a 100% interest in the Gurvantes XXXV Coal Seam Gas Project located in the South Gobi Basin of Mongolia and close to existing gas infrastructure in northern China.

The Gurvantes Project covers an area of ~8,500 km2 of one of the worlds most prospective basins for coal seam gas, and has a Prospective Resource Estimate of ~6 trillion cubic feet (TCF) of natural gas. The maiden exploration program completed in 2022 has delivered exceptional results and has demonstrated the enormous potential of the Project and allowed for an accelerated work program to develop first gas in 2023.

TMK is led by an Australian and Mongolian team bringing together the expertise and experience to develop the Gurvantes Project. TMK are committed to responsibly developing this Project into a world class producing gas field on behalf of and for the benefit of Mongolia.

 

Cash: AUD$3,400,000
Debt: NIL


Major shareholder:
Tsetsen Zantav – 31.19%
Ganzorig Vanchig – 5.72%
Brendan Stats – 5.62%
Aviemore Capital Pty Ltd – 2.47%
Dunedin Capital Advisors Pty Ltd – 2.31%
Management Ownership – 45%

 

Management Profile

Brendan Stats – Chief Executive Officer

Brendan is a Geologist with over fifteen years of experience in the Natural Resources industry. He holds a Bachelor of Science (BSc, Geology (hons)) from the University of Melbourne.

Brendan has been on the ground living or working in Mongolia since 2011 with a particular focus and expertise on coal projects located within the South Gobi basin. Brendan’s role as CEO of TMK is to lead the Project development through the early stages of exploration and evaluation.

What is your rationale for taking part in 121 Mining Investment?

The purpose of attending 121 Mining & Energy Investment Singapore 2022, is to raise awareness of TMK Energy Limited and outline our investment case.

2022 has been a transformational year for TMK Energy Limited as we acquired the South Gobi Gurvantes Natural Gas Project and commenced our maiden exploration program. The exploration program has delivered exceptional results allowing TMK to move through the evaluation stages very quickly.

TMK provides a unique investment opportunity for early stage exposure to a world class natural gas project, right next door to the largest growing energy market in the world, China.

What recent news would you like to highlight to investors attending?

29/08/2022 – 100% Exploration Success Continues
11/08/2022 – PetroChina Aligns with TMK Energy
11/04/2022 – Thick Gassy Coal Seam Intersected in Mongolia
16/03/2022 – Drilling Program Commences in Mongolia
16/12/2021 – Acquisition of Strategic Mongolian Coal Seam Gas Project

What are your key goals in 3 months, 6 months, 12 months?

3 Months:
Completion of Stage 1 Exploration Program
Maiden Contingent Resource Estimate

 

6 Months:
Pilot Production Wells
First Gas Flow to Surface

 

12 Months:

First Gas Offtake and Utilisation
Maiden Reserve Estimate

What do you think makes your company such a compelling investment?

TMK provides a unique investment opportunity for early stage exposure to a world class natural gas project, right next door to the largest growing energy market in the world, China.

What are the top 3 key investor takeaways?

1- ‘Size of the Prize’ 6 trillion cubic feet of Natural Gas adjacent to China
2 – Near term catalyst for significant growth in value
3 – Demonstrated ability to execute the plan and deliver on results